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Nov 30, 2012
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the economy is growing faster than we thought. anthony mason on whether it can last. the u.n. votes on whether to recognize palestine as a state. jim axle road is at the u.n. aden pizzey is with the palestinians. we knew the polar ice was melting, but today we learned how fast. >> we're seeing it here.
the economy is growing faster than we thought. anthony mason on whether it can last. the u.n. votes on whether to recognize palestine as a state. jim axle road is at the u.n. aden pizzey is with the palestinians. we knew the polar ice was melting, but today we learned how fast. >> we're seeing it here.
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Nov 29, 2012
11/12
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KPIX
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so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live from the scene next. ,,,, welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! g right now >> your realtime captioner: linda marie macdonald >>> a woman wakes up and screams to find an intruder in her home. the manhunt happening right now in palo alto. >> and engineers say our
so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live...
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Nov 30, 2012
11/12
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. >> reporter: perhaps that's why veterans are faring better in this sluggish economy. labor statistics show the percentage of unemployed veterans is a whole point lower than the rest of the workforce. helping these numbers, a commitment from several major companies to hire 100,000 vets and military spouses by 2014. still, it's an uphill climb to get a job at all and for those recently returning from combat, it's a big adjustment back to civilian life. >> every veteran has a story to tell. they have so much experiences that they went through with the military. and civilian world just doesn't understand that as much. >> remember, these are veterans of all wars. the labor department says the news isn't so good for younger veterans of the iraq and afghanistan wars. unemployment for them was 10% in october. well above the national rate of 7.9%. >>> ocean beach preparing for the storm and city workers want to make sure... [ indiscernible ] we'll have that story coming up. >> and president obama's private lunch with mitt romney. what they talked about and what they ate. i pla
. >> reporter: perhaps that's why veterans are faring better in this sluggish economy. labor statistics show the percentage of unemployed veterans is a whole point lower than the rest of the workforce. helping these numbers, a commitment from several major companies to hire 100,000 vets and military spouses by 2014. still, it's an uphill climb to get a job at all and for those recently returning from combat, it's a big adjustment back to civilian life. >> every veteran has a story...
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Nov 29, 2012
11/12
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KPIX
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. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier estimate of 2% also compared to 1.3% in the 2nd quarter. now, the 4th quarter is likely to be impacted by sandy and also from "fiscal cliff" worries. as far as the "fiscal cliff" goes, politico is reporting this morning that there is a framework for a deal in place that would include $1.2 trillion in tax increases and $400 billion in entitlement cuts on medicare. wall street watching that closely. let's look at the numbers. the dow is up by 45 points after gaining more than 100 yesterday. it's back over 13,000. nasdaq higher by 19. s&p right now is up by 6 p
. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier...
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Nov 29, 2012
11/12
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the study says the uptick is a sign more are confident about the economy. also cautions some chose to start their own businesses because they couldn't find other jobs. economists have said the economy won't fully recover until small businesses pick up the pace of hiring. >>> this morning the fda may be ready to turn to outside experts for advice on energy drinks. in the last month monster and five hour energy have come under scrutiny. now "the new york times" reports the fda may turn to experts from the institute of medicine and other agencies to determine whether those drinks pose a safety risk to consumers. this is a sign the fda does not plan to take immediate action on energy drinks. >>> average american household spends more than $1500 every year on cell phone service. there are ways to save. michael finney and consumer reports look at prepaid options. >> reporter: good morning. if you're looking to save on your cell phone bill, consumer reports says a prepaid plan maybe your best option. it seems like everyone is on a smartphone these days. and we are
the study says the uptick is a sign more are confident about the economy. also cautions some chose to start their own businesses because they couldn't find other jobs. economists have said the economy won't fully recover until small businesses pick up the pace of hiring. >>> this morning the fda may be ready to turn to outside experts for advice on energy drinks. in the last month monster and five hour energy have come under scrutiny. now "the new york times" reports the fda...
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Nov 29, 2012
11/12
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economy grew 2.7% in the latest quarter, that's better than expected. cisco systems says it will buy a private company in sunnyvale for about $140 million. and the u.s. secretary of the interior said a short time ago he had made a decision the drake's bay oyster company has to leave point reyes within the next 90 days. the company's lease expired at the end of the month. the area will be returned to protected wilderness. >> sounds like it's hurting marla. >> well, joe rosato, jr. did a story on that earlier this wooeng week. >> he'll have more an that tonight at 6:00. >>> meteorologist christina loren, get ready for round two, huh? >> indeed. want to start with this video from one of our editors here at nbc bay area. shana burger sent this in. this is the san lorenzo river yesterday in the height of the storm. we already have downed trees near the river up in the santa cruz mountains and expecting more rainfall on already saturated ground making for treacherous driving conditions. we are expecting the bulk of the moisture in the north bay. let's talk ab
economy grew 2.7% in the latest quarter, that's better than expected. cisco systems says it will buy a private company in sunnyvale for about $140 million. and the u.s. secretary of the interior said a short time ago he had made a decision the drake's bay oyster company has to leave point reyes within the next 90 days. the company's lease expired at the end of the month. the area will be returned to protected wilderness. >> sounds like it's hurting marla. >> well, joe rosato, jr....
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economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with th
economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months...
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Nov 29, 2012
11/12
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economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm heads right here to the bay area. >> time to check in with meteorologist christina loren. >> a very active forecast continues. good morning to you. the first week of december is going to be kind of rough across the bay area. start with this live picture over san francisco where we don't have any fog. no rainfall in this area. yesterday we had three-hour flight delays, so the good news for travelers is it looks like flights are leaving on time this morning. we'll continue to track that for you. we have a lot of cloud cover overhead. you'll notice that as soon as the sun comes up over the next 30 minutes. then as we head throughout the day today, those clouds will thicken up as this front starts to drop to the south and gets closer and closer to the bay area. we're not expecting our first significant rainf
economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm heads right here to the bay area. >> time to check in with meteorologist christina loren. >> a very active forecast continues. good morning to you. the first week of december is going to be kind of rough across the bay area. start with...
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. >>> report released overnight predicting impact of prop 30 on the state's economy. katie marzullo is live in the newsroom with that and the housing news. >> reporter: the new economic forecast from ucla has lukewarm predictions for california jobs and personal income will suffer under prop 30's tax hikes. housing improvements will help the state, california will continue to grow but not as much as it iced to. the forecast says the new tax -- tax revenues under prop 30 will slow economic growth but will not derail recovery. unemployment is one example jobless rate in california should average 10 1/2% by the end of the year improved to 9.7% in 2013 and fall to 8.4 in 2014. meanwhile, great news on home prices. they have surged more than 6% in one year, the biggest jump in six years. the median home price up $18,000 to $178,600. california is one of the top 10 states where prices are rising the fastest. just crossing the wires this morning, labor department reports u.s. workers were more productive this summer, they cost their companies less, that's good. banks are see
. >>> report released overnight predicting impact of prop 30 on the state's economy. katie marzullo is live in the newsroom with that and the housing news. >> reporter: the new economic forecast from ucla has lukewarm predictions for california jobs and personal income will suffer under prop 30's tax hikes. housing improvements will help the state, california will continue to grow but not as much as it iced to. the forecast says the new tax -- tax revenues under prop 30 will slow...
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Nov 29, 2012
11/12
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KRON
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it is helping our economy. purchases for previously owned homes in the month of october climbed 5% we were supposed to come up with a 1% climb. americans feel better and better about their home price in putting their homes up for sale. the economic cycle is positive. i like what we see. >> that is under year when a column. under your loser, you have trumps and macy's.thero dump the trump. people do not seem to like him personally and is that having an impact on sales of his product at macy's? >> i never understood this in any way shape or form. people look at donald trump as his business and even though he has been been crafted to are three times. he got his money from his daddy. there macy's see them all came out and said we listen to their customers and customer is buying his goods. they should take a look at the new research for a poll that came out showing macy's approval rating from women 18 to 35 has plunged below that of the worst retailer out there j.c. penney's. macy's brand is just collapsing. maybe i
it is helping our economy. purchases for previously owned homes in the month of october climbed 5% we were supposed to come up with a 1% climb. americans feel better and better about their home price in putting their homes up for sale. the economic cycle is positive. i like what we see. >> that is under year when a column. under your loser, you have trumps and macy's.thero dump the trump. people do not seem to like him personally and is that having an impact on sales of his product at...
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Nov 30, 2012
11/12
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KRON
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economy. an effect on consumer spending in october. spending dropped 0.2% in october and that is down from an increase of 0.8% in september. it is a week is selling for consumer spending since may. it represents 70 percent of the u.s. economy. incomes also remain flat for the month of october. the dow was down a few points right now, it is affecting the market. letting social laying off 400 employees. it is being called the latest sign of trouble for the online coupon sector. this is just after amazon reported a loss from living social. a spokesperson wake of suggestions from critics that the daily online deal sites are all of them. we'll be right back as the kron4 morning news continues. a live look as we're watching some berries heavy rain in san jose at the 87 or cross. traffic is bumper-to-bumper, you can see the tail lights. you disgust me. prove it. enough is enough. d-con no view, no touch trap snaps to kill instantly. no looking, no touching. d-con. get out. [ male announcer ] it's no secret that the price of things just keeps
economy. an effect on consumer spending in october. spending dropped 0.2% in october and that is down from an increase of 0.8% in september. it is a week is selling for consumer spending since may. it represents 70 percent of the u.s. economy. incomes also remain flat for the month of october. the dow was down a few points right now, it is affecting the market. letting social laying off 400 employees. it is being called the latest sign of trouble for the online coupon sector. this is just after...
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Nov 29, 2012
11/12
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KTVU
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the commerce department reports that the united states economy grew 2.7%. business stock piles were bigger. so were the export sales which helped off set weak consumer spending. they are warning growth will slow again in the current quarter, that's because of the problems of sandy and the worries about 9 possibility of a big tax hike in january. >>> the epa is temporarily banning bp from getting any new contracts with the united states government. the epa said it's because of pb's lack of business integrity stemming the explosion and oil spill back in april of 2010. you remember 11 people were killed in that. almost 200 million-gallons of oil spilled into the gulf of mexico. two weeks ago bp agreed to plead guilty to criminal charges. also pay $4 billion in fines. >>> there is a new share older lawsuit over hp's purchase of a british software company. it's claiming that they all missed several red flags about the thing practices. hp shares fell to a ten year low last week after the company announced an almost 9 billion- dollar write down on its acquisition.
the commerce department reports that the united states economy grew 2.7%. business stock piles were bigger. so were the export sales which helped off set weak consumer spending. they are warning growth will slow again in the current quarter, that's because of the problems of sandy and the worries about 9 possibility of a big tax hike in january. >>> the epa is temporarily banning bp from getting any new contracts with the united states government. the epa said it's because of pb's lack...
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Dec 5, 2012
12/12
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KTVU
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trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are willing to cut loopholes. here's what john boehner said. >> the revenues being put on the table are gonna come from guess who? the rich. >> reporter: republicans say it's clear to them that president obama is not serious about negotiating. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:17. we asked some people in the bay area whether they think the president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i d
trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal....